NewStats: 3,265,486 , 8,186,911 topics. Date: Sunday, 15 June 2025 at 09:11 AM 531o5y

Hello all, my monthly salary is N552,000+/- after tax but I kid you not, I'm always broke few days after receiving it.

That is why I'm asking if people still achieve so much with such amount.

Abi na me no sabi use money well?

Bad

E be like say na father Christmas kind of lifestyle you dey live abi you dey patronize hook up ?

Although inflation has ERODED the value of money.

But if you go broke few DAYS after receiving #552k, the problem is YOU!

Kickkick:
Hello all, my monthly salary is N552,000+/- after tax but I kid you not, I'm always broke few days after receiving it.

That is why I'm asking if people still achieve so much with such amount.

Abi na me no sabi use money well?

Lower your expenditures

Kickkick:
Hello all, my monthly salary is N552,000+/- after tax but I kid you not, I'm always broke few days after receiving it.

That is why I'm asking if people still achieve so much with such amount.

Abi na me no sabi use money well?

You na sabi use money

Sonnobax15:

E be like say na father Christmas kind of lifestyle you dey live abi you dey patronize hook up ?

I don't drink or womanize. Or may be at the very little.

you better go wash your head

with the looks of things even if them give you 1M you fit still go broke

abi you don chop wetin no be your own

Because it now part of you guys behaviour, even though the company is paying you well

Una go still day steal company properties 😏😏

Kickkick:
Hello all, my monthly salary is N552,000+/- after tax but I kid you not, I'm always broke few days after receiving it.

That is why I'm asking if people still achieve so much with such amount.

Abi na me no sabi use money well?

Things are generally expensive. Thrice as expensive than it was before.
If you own a car and a family with 2 kids, it's possible you exhaust 500k in a week.

Majority of funds end on fuel for car and kids wellbeing. The best thing you can do is draft a way you always end on 100,000 you wouldn't touch.

Although inflation is high, You are living above your means.

Sonnobax15:

E be like say na father Christmas kind of lifestyle you dey live abi you dey patronize hook up ?

My power no reach

Yeah, 500k is still a big money in Nigeria.

Many Nigerians do not earn 500k per month.

The fact is that inflation is affecting your money.

Try to cut your coat according to your size.

Kickkick:
Hello all, my monthly salary is N552,000+/-...
Abi na me no sabi use money well?

Na you talk am...

500k is not a substantial amount given the inflation and poor economy

Haynnie:
500k is not a substantial amount given the inflation and poor economy

he should resign and look for N1.5m or N2.5m job.

If you are staying in Lagos or Abuja.

No!!!!

CodeTemplar:
he should resign and look for N1.5m or N2.5m job.

Dear OP, you didn't tell us your cost drivers

Using Petrol price as a guide, 500k is just 110k
The amount of petrol that 110k can get you before Tinubu take over is what 500k will get you now. Inflation and float of naira have spoil our money.

1litre = N187 500k will get you 2673Litres in 2023 to buy 2673 litres in 2025 you must have N2.3m

1litre= N860 500k will get you 581Litres in 2025, whereas 108k will get you 581litres in 2023.
Therefore 500k is not a big money

In all honesty, the answer to this question is relative.

It is a big money to those who have never handled such an amount before and a 'chicken change' to those who have handled much more.

But, when you now put the current inflation and the purchasing power parity in the country into perspective, that 'dough' isn't a biggie

Tinupuu has totally impoverished us

That would depend on whom you ask!

If you ask me, I'd say it's not a small amount of money!

COMRADES are speechless, 500k? Yes it's; if you think I typed rubbish here, ask those who are earning 80k, how are they surviving

Not really

Kickkick:
Hello all, my monthly salary is N552,000+/- after tax but I kid you not, I'm always broke few days after receiving it.

That is why I'm asking if people still achieve so much with such amount.

Abi na me no sabi use money well?

Abeg just dash me 2k. Abeg,🙏
I need am. Though I know u won't.
People are like that sha

Hmmmmmm





When a room self contain is just 600k in a rural area?



Gone are the days

Kickkick:
Hello all, my monthly salary is N552,000+/- after tax but I kid you not, I'm always broke few days after receiving it.

That is why I'm asking if people still achieve so much with such amount.

Abi na me no sabi use money well?

For where...inflation is a curse

Ehen?
.
E depending on the interval E dey use come

Enter a low-cost supermarket with that money and you'll come out with few medium sized leather bags of provisions and body spray.

A few years ago before the Vampires took over power, that amount of money will sustain a family of four very well with their upkeep.

Since the first religious bigot took over, he began the dismemberment of the body called Nigeria. He skinned the country to a skeleton.

The jihadist and nepotistic clueless fellow then handed over to a fake ant and certificate forger. Another tribalistic bigoted and most clueless ruler Nigeria has ever had.
This clueless fellow who doesn't even know how the wheel of government spins just made a singular comment that took the country 500 steps backwards. Today poverty, acute hunger and starvation is in every nook and crannies of the country staring on the faces of the citizens.

2027 seem like 20 decades. Hope we shall all live till then.


Ebinpawa!

It's not a big money. It's also not a small money.

It's relative, depending on your responsibilities.